Skip to comments.Freep a Poll! (Fox. SHOULD CONGRESS END THE NFL's NON PROFIT STATUS?)
Posted on 01/07/2014 3:09:29 PM PST by dynachrome
SHOULD CONGRESS END THE NFL's NON PROFIT STATUS?
(Excerpt) Read more at gretawire.foxnewsinsider.com ...
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Don’t they promote Obamacare?
And it should end the not-for-profit status of all labor unions too or prohibit them from engaging in any form or racketeering, oh sorry, electioneering. In the case of labor unions, it is difficult to tell the difference.
and the gaystapo agenda.
“What would be the consequences if NFL loses their non profit status? “
No more free tickets to politicians?
The NFL is quite for-profit. It’s Business Socialist to give them a tax break others do not get
Why should the NFL have their tax status changed by Congress? If they qualify (which they apparently do) and have been organized this way for a long time why should anyone interfere with their organization.
Seems like liberal busybody stuff to me.
Could it be the league is non-profit, while the individual teams are for profit?
At 1841ET, waiting on Mrs PubliusMM to decide what I’m having for dinner:
yes 87.76% (423 votes)
no 12.24% (59 votes)
Total Votes: 482
Howe the heck c an they be non-profit with the prices they charge for tickets?
The tax breaks apply only to the league office, while the NFL’s 32 teams pay taxes on their revenues. The League Office receives funding from the teams to cover activities including office rent, League Office salaries, and game officiating.
The Internal Revenue Service section 501(c)(6) grants the break for those “business leagues, chambers of commerce, real estate boards, boards of trade, or professional football leagues” and other entities that represent a trade or industry.
The tax break has been available for decades. It was enacted to encourage the NFL’s growth. But some policy experts deem it a form of crony capitalism that benefits some of the wealthiest Americans.
yes 88.14% (468 votes)
no 11.86% (63 votes)
Total Votes: 531
Once again, GOVERNMENT has its “nose” intruding into private business.
Ah. Thank you.
That is exactly right the individual teams pay taxes.
Yep, and pull their anti trust exemption, too.
I didn’t know the NFL was non-profit?? So yes, absolutely!!!
No one should be forced to pay a dime to any organization. Allowing unions to extort money is nothing but a racket.
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